Quantexa: London-based AI startup’s valuation hits £2bn March 5, 2025 London-based artificial intelligence (AI) startup Quantexa‘s valuation has jumped to more than £2bn following a new round of funding. The firm, which uses AI to interpret data sets and help financial firms manage risk, secured a $175m (£137.66m) investment in a funding round led by the Teachers’ Venture Growth (TVG), which will bring the firm’s [...]
UK’s ‘AI divide’ puts economic growth at risk, warns Microsoft March 5, 2025 A growing divide between UK leaders who do and don’t leverage AI could threaten the country’s economic potential, and the efficiency of its public services. According to a report from Microsoft, businesses and public sector organisations with clear AI strategies are significantly outperforming those without, highlighting an urgent need for broader adoption of AI driven [...]
The slow death of billable hours at law firms March 5, 2025 With the rise of AI and the cost of lawyers going through the roof, law firms are rushing to change how they bill clients in the hopes of avoiding awkward questions
AI will help us all live longer – that’s a business problem February 25, 2025 AI is solving medical problems at unthinkable speeds, but it's not just the pharma industry that should prepare, writes Paul Armstrong.
UK banks differ from US on AI strategy February 20, 2025 Banks in the UK are more likely to focus artificial intelligence (AI) strategy on improving customer experience compared to their US rivals, a new report has revealed. NTT Data’s ‘Intelligent Banking in the Age of AI’ found 52 per cent of UK banks were using AI to enhance customer services, rather than cut jobs. This [...]
UK businesses are struggling to implement AI. Here’s why February 19, 2025 It has been claimed that artificial intelligence (AI) could contribute £200bn to the UK economy. Yet, businesses are struggling with adoption due to a lack of expertise, high costs, and regulatory concerns. A survey by digital transformation company ANS and Yougov of over 1,000 IT decision-makers cited the UK’s skills gap as the leading barrier [...]
The Debate: Should we use AI for everyday work tasks? February 19, 2025 Is using AI for emails and note taking a no-brainer, or do we risk losing valuable skills? Our writers hash it out in this week's Debate.
Elon Musk’s xAI takes on rival OpenAI with new bot February 18, 2025 Elon Musk’s artificial intelligence (AI) company, xAI, has officially launched its new chatbot, escalating competition with its generative rivals such as OpenAI, Google’s Gemini and Microsoft’s Copilot. The model, Grok-3, was officially launched on Tuesday and is set to be the tech giant’s most powerful AI chatbot yet. Tech titan and chief executive Musk labeled [...]
Where AI in law is actually heading February 18, 2025 It's not quite lawyer robots, but AI is already profoundly reshaping the way the courtroom works. Paul Armstrong tells us how.
Should you use AI for job applications? Here’s what UK hiring managers think February 13, 2025 Managers are increasingly suspicious of AI-generated job applications, with many fearing they aren’t receiving an accurate reflection of a candidate’s skills. According to a new survey by the Chartered Management Institute (CMI), three in four managers in the UK say they are not receptive to interviewing people that rely on AI, without tailoring it to [...]